37 Queen Street, Lydney GL15 5LZ

Nestled on Queen Street in Lydney, this traditional cottage presents a promising investment opportunity for those looking to undertake a renovation project. The property, located at the edge of the picturesque Forest of Dean, offers flexible living spaces that require improvement throughout, making it an ideal canvas for enhancement. Given its proximity to local amenities and transport links, this cottage holds great potential for adding significant value. Rental forecasts in the area suggest monthly income may reach around £1,000, translating to annual returns of approximately £12,000. Currently laid out with both a living room and dining room on the ground floor along with a kitchen and bathroom, plus two bedrooms upstairs, this home comes with gardens at both the front and rear. With similar properties in better condition priced at around £235,000 within a quarter-mile radius, there is considerable upside potential here for an astute buyer ready to invest time and resources into renovation.